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NEW QUESTION: 1
After determining that a related party transaction has, in fact, occurred, an auditor should:
A. Substantiate that the transaction was consummated on terms equivalent to an arm's-length
transaction.
B. Perform analytical procedures to verify whether similar transactions occurred, but were not recorded.
C. Add a separate paragraph to the auditor's standard report to explain the transaction.
D. Obtain an understanding of the business purpose of the transaction.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. After identifying the occurrence of a related party transaction, the auditor should
apply the procedures considered necessary to obtain satisfaction concerning the purpose and nature of
the transaction and its effect on the financial statements.
Choice "A" is incorrect. While an extra paragraph may be added to emphasize a matter, there is no
requirement that related party transactions be disclosed via explanatory language added to the auditor's
report.
Choice "B" is incorrect. Analytical procedures are generally not effective in the identification of related party
transactions.
Choice "D" is incorrect. It will generally not be possible to substantiate representations that the transaction
was consummated on terms equivalent to those that would have prevailed in an arm's-length transaction.

NEW QUESTION: 2
Your company has a private cloud that is managed by using a System Center 2012 infrastructure.
The Service Manager management server is installed on a server named Server1.
The Configuration Manager site server is installed on a server named Server2.
You create a baseline and several configuration items.
You need to configure Service Manager to create incidents for each Service Manager configuration item that is non-compliant with the baseline.
What should you create?
A. a subscription, a connector, and a task.
B. a channel and a subscription
C. a task and a Desired Configuration Management Event Workflow
D. a connector and a Desired Configuration Management Event Workflow
Answer: D
Explanation:
A connector is required to bring data from Configuration Manager into Service Manager.
From there, you create a Desired Configuration management Event Workflow.
Using Connectors to Import Data into System Center 2012 - Service Manager http://technet.microsoft.com/en-us/library/hh524326.aspx
How to Configure Desired Configuration Management to Generate Incidents http://technet.microsoft.com/en-us/library/hh495577.aspx

NEW QUESTION: 3
A network technician at a warehouse must implement a solution that will allow a company to track
shipments as they enter and leave the facility. Additionally, warehouse workers must be able to scan and
concurrently upload large images of items to a central server.
Which of the following technologies is BEST suited in this facility? (Select TWO).
A. Bluetooth
B. IR
C. RFID
D. 802.11ac
E. P2P
F. NFC
Answer: C,D

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